Danske finally looks to finish after Browder claims

Danske Bank was set to complete its bond sale on Friday at a slightly higher price, after activist investor Bill Browder forced a delay due to his comments about its money laundering scandal this week. Before the postponement, Danske had drummed up a large amount of support in the dollar market, as UniCredit did earlier in the week.

  • By Jasper Cox
  • 11 Jan 2019

On Friday, Danske relaunched the deal with both of its tranches of debt at 5bp wider than where final terms had been set on Wednesday. Books had not been closed at the time of publication.

Danske said on Thursday evening Danish time that it was putting off its deal ...

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Bookrunners of Global Covered Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 2,007.05 8 8.12%
2 Barclays 1,682.54 7 6.80%
3 UniCredit 1,541.65 8 6.23%
4 RBC Capital Markets 1,529.57 5 6.18%
5 Credit Agricole CIB 1,434.09 6 5.80%

Bookrunners of Global FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 3,573.83 6 8.48%
2 Citi 3,051.22 10 7.24%
3 SG Corporate & Investment Banking 2,824.93 5 6.70%
4 UBS 2,457.01 8 5.83%
5 Bank of America Merrill Lynch 2,427.85 8 5.76%

Bookrunners of Dollar Denominated FIG

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 2,661.03 2 13.95%
2 JPMorgan 2,252.50 9 11.81%
3 Goldman Sachs 2,017.50 5 10.58%
4 Bank of America Merrill Lynch 1,985.76 6 10.41%
5 Citi 1,860.53 7 9.75%

Bookrunners of Euro Denominated Covered Bond Above €500m

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Natixis 1,277.72 4 8.80%
2 Barclays 1,252.42 5 8.62%
3 Credit Agricole CIB 1,206.85 4 8.31%
4 SG Corporate & Investment Banking 1,183.61 4 8.15%
5 UniCredit 1,182.66 4 8.14%

Global FIG Revenue

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 02 May 2016
1 Morgan Stanley 365.83 497 7.62%
2 JPMorgan 332.66 618 6.92%
3 Bank of America Merrill Lynch 299.89 590 6.24%
4 Goldman Sachs 276.71 375 5.76%
5 Citi 264.54 592 5.51%

Bookrunners of European Subordinated FIG

Rank Lead Manager Amount €m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 201.08 2 18.64%
1 Bank of America Merrill Lynch 201.08 2 18.64%
3 UniCredit 113.58 1 10.53%
3 SG Corporate & Investment Banking 113.58 1 10.53%
3 Citi 113.58 1 10.53%